Scania Year-end Report January-December 2006

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JAN25

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25 January 2007

Scania reports record volume, earnings and cash flow in 2006. Costs of about SEK 350 m. related to concentration of production and MAN’s offer for Scania, of which about SEK 250 m. in the fourth quarter, were charged to operating income. Order bookings showed accelerating growth during the fourth quarter, +44 percent. From the end of the first quarter of 2007, the production rate will be raised to an annual rate of 80,000 vehicles, up 25 percent compared to the first quarter of 2006. Scania expects demand for heavy trucks to remain strong in Europe throughout 2007.